The prices in real estate in Morehead City, in the North Carolina region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Morehead City has remained the same in the last 6 months. In March, the average price per sq.feet was $282. In April this price pretty much remained the same at a value of $270 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $276 to $275 per sq.feet. The price per sq.feet has increased 111 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $275.5 to $306 during July, and August.
Based upon to the price in Morehead City (cities), this has fallen considerably in the last 6 months. The average price for March is $681,333. During April the price had a slight fall till $634,779. During the following two months (May, June) the average price had a considerable reduction of 78 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 88 %, going from $585,386.25 to $513,144.5 in July and August.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $497,821 they are 48 % more affordable than the average price for Morehead City. The properties with the lowest average price have 1 bedroom, Their price is 47 % cheaper than the average. After that we have properties with 3 bedrooms priced at $261,743.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $154 / sq.feet, with an average $337 / sq.feet price in Morehead City. The properties with the lowest average prices have 1 bedroom. They are 50 % cheaper than the average followed by properties with 3 bedrooms with a price at $164 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $497,821 it is 48 % cheaper than the average price in Morehead City. "House" is seen as the second most affordable property type. The cheapest type property is "Commercial" followed by "House". At a price of $259,133 it is 31 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $98 / sq.feet followed by "Condo" priced at $149 / sq.feet. "House" is the cheapest type of property with a $154 / sq.feet value followed by "Condo" with an average price of $149 / sq.feet.